Tag Archives: DIG
Brent…Oil ETF’s
98.00 Brent is the critical hold and pivot level running the oil complex. DIG & XLE… went far enough for now.
A.M. Look 4/6/13
Spu’s…592.50-593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
DIG & XLE ETF’s
DIG… maintaining and closing above 55 is a new breakout. XLE… shows sustaining above 78.80 is needed in this ETF. Natgas… 3.93 is the Qrtrly ORH #. Natgas is not something to lead off on. Look to these ETF’s for … Continue reading
Big Cap Multi-Nationals
are running the show.. IBM…needs below 191 to wash out longs JPM..42.50 for weak longs…below 41 for the longer term players CAT…88 is first support, with 91 resistance the first time up. OXY…looks descent against 75.40 DIG & XLE…the upside … Continue reading
A.M. Look 10/18/12
Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading
Chevron_Corp_Daily.gif
Chevron is a single instrument that lined up well with the ETF’s DIG & XLE. This is attempting an ORH day with a close over 117.18.
DIG & XLE
For the Risk On crowd… Both these ETF’s show a defined out (stop).. Short term traders can trade these from the long side with a stop just below today’s low.
Pattern Alerts…XOM…CAT…XOP…XLE…DIG
Once again there is no trade in the Indices, It’s all in a name. These instruments are all attempting ORH weeks. Where is the money going?…It’s here. Keep these on your radar screen. … Continue reading
A.M. Look 1/26/12
Deja vu…shades of last year…”your cash ain’t nothing but trash” A creeping equity market fueled by a devaluing dollar and a chase for high yields, with money looking to buy cheap dollar denominated assets. The result is the same as … Continue reading
A.M. Look 1/23/12
The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading